40990 Diamond Lake Street, Aitkin, MN 56431
3 Beds | 2 Baths | 1,274 Sq Ft | Single Family Home | MLS# 7120082
Is 40990 Diamond Lake Street a Good Deal?
BuyPulse Verdict
Excellent Value
At $149/sqft — This home is priced 45% below the typical Aitkin single-family home of $271/sqft.
Powered by the Realgorithm™ — 55 active Aitkin listings · NorthstarMLS
$1,098/month Estimated
- Principal & interest
- $960
- Property taxes
- $27
- Home insurance (est.)
- $111
- HOA dues
- None
20% down ($37,980) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
About This Home
Experience the best of lakes-area living with this private retreat, where natural beauty, comfort, and thoughtful updates come together in a setting designed for relaxation. Tucked among the trees with peaceful lake views from the expansive covered deck, this property offers an inviting escape just minutes from Aitkin and close to numerous area lakes, snowmobile trails, and ATV routes. The open-concept living, dining, and kitchen area creates a warm, welcoming flow, anchored by a wood-burning fireplace and enhanced by stylish updates throughout. With three bedrooms, a den/flex room, and two baths, the home offers space for everyday living, weekend guests, or a refined Northwoods getaway. Recent improvements include new windows, appliances, an updated bathroom with soaker tub, kitchen countertops, kitchen sink with reverse osmosis, 2023 water softener and water heater, new vinyl plank flooring, light fixtures, ceiling fan, fresh paint, and more. Outdoor living shines with an updated large covered deck, patio area, and fire pit—perfect for quiet mornings, evening gatherings, and taking in the serenity of the surrounding landscape. MLEC fiber optic internet is available, adding modern convenience to this peaceful lakes-area setting. Coop is not included, storage container is negotiable.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $142K and $237K in Aitkin:
- The field: 7 similar Aitkin homes for sale — a short list right now.
Powered by the Realgorithm™ — real Aitkin closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1974
- Above Grade
- 1,274 sq ft
- Lot Size
- 0.96 acres
- Lot Features
- Tree Coverage - Medium, Underground Utilities
- Heating
- Forced Air, Wood Stove
- Cooling
- Window Unit(s)
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Fuel Tank - Rented, Water Osmosis System, Iron Filter, Microwave, Range, Refrigerator, Washer, Water Softener Owned
- Sewer
- Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
- Water
- Private, Well
- Annual Taxes
- $328
- County
- Aitkin
- Days on Market
- 23
40990 Diamond Lake Street is listed in Aitkin, MN, part of Aitkin County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 40990 Diamond Lake Street
Shannon Barnum
Associate Broker · Modern Market REALTORS®
Your Aitkin real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Woods & Shores Real Estate, Inc. · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7120082 · Data refreshed August 15, 2026
Similar Homes for Sale Near 40990 Diamond Lake Street, Aitkin, MN
Frequently Asked Questions About 40990 Diamond Lake Street
- Is $189,900 a good price for a home in Aitkin?
- According to BuyPulse, 40990 Diamond Lake Street rates Excellent Value — at $149/sqft it's priced 45% below the typical Aitkin single-family home of $271/sqft. Powered by the Realgorithm™. Browse Aitkin homes for sale to compare.
- What type of heating and cooling does 40990 Diamond Lake Street have?
- 40990 Diamond Lake Street has Forced Air, Wood Stove heating and Window Unit(s) cooling.
- Where is 40990 Diamond Lake Street located?
- 40990 Diamond Lake Street is in Aitkin, MN 56431, in Aitkin County.
- Is 40990 Diamond Lake Street still available?
- Yes — 40990 Diamond Lake Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 40990 Diamond Lake Street built?
- 40990 Diamond Lake Street was built in 1974. It features frame construction and a pillar/post/pier foundation.
- Does 40990 Diamond Lake Street have main-floor laundry?
- Yes — the laundry at 40990 Diamond Lake Street is on the main level.
- How walkable is 40990 Diamond Lake Street?
- 40990 Diamond Lake Street has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 17/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 40990 Diamond Lake Street are for sale in Aitkin?
- 7 similar homes (single-family homes between $142K and $237K in Aitkin) are for sale right now — a short list right now.
- What does "BuyPulse" mean?
- BuyPulse is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
- What does "Realgorithm™" mean?
- The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Aitkin area.